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Transactions - DECEMBER 1, 2022

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Lovett Industrial to develop second asset in Inland Empire

by Released

Lovett Industrial, a Houston-based real estate investment firm, has closed six acres of land in Rialto, Calif., with plans to develop Renaissance Logistics Center, a 114,115-square-foot class A front-load industrial building.

Located in the heart of Southern California’s Inland Empire, one of the strongest industrial markets in the nation, Renaissance Logistics Center is situated directly on Interstate 210 with prominent freeway visibility and frontage. The property is surrounded by corporate neighbors including Target, Amazon, Monster Energy, Under Armour, Kellogg and Geodis. Construction is expected to begin in January 2023 with a completion date planned for September 2023. The building will feature efficient ingress and egress to the adjacent full freeway interchange and top of the market specifications, including a 36-foot clear height, 7-inch reinforced concrete slab, 90 auto stalls, skylights, and spec office with mezzanine space included.

“The Inland Empire

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